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$1,600 - $1,7001 Bedroom Apartments Available Now
Chestnut Court Apartments
1644-1646 Waukegan RdGlenview, IL 60025
Cheap Apartments for Rent in Chicago, IL from $400 with Washer/Dryer (231 Rentals) Page 5 of 5
Search the lowest-cost Apartments available for rent right now in Chicago.
426 Wesley Ave
Oak ParkIL60302
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2 to 4 Bedroom Apartments
Saxony Town Homes
1349 175th StHammond, IN 46324
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Studio to 1 Bedroom Apartments
Knox Apartments
15301-15310 S Knox Ave, OakOak Forest, IL 60452
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Studio to 3 Bedroom Apartments
Live in Oak Park
1041 South BlvdOak Park, IL 60302
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2 Bedroom Apartments
Mansard Lane Apartments
1713-1725 W Mansard LnMount Prospect, IL 60056
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1 Bedroom Apartments
Golden Manor
1201 175th StHammond, IN 46324
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1 to 3 Bedroom Apartments
Smith Mobile Home Park
14115 Western AveBlue Island, IL 60406
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Studio to 3 Bedroom Apartments
300 Madison St
300 Madison StOak Park, IL 60302
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Studio to 1 Bedroom Apartments
The Stewart
1311 Chicago AveEvanston, IL 60201
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Studio to 1 Bedroom Apartments
1026-1028 Washington Blvd.
1026 Washington BlvdOak Park, IL 60302
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1 to 5 Bedroom Apartments
Dorchester Townhomes
1450 E 154th PlDolton, IL 60419
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1 to 2 Bedroom Apartments
Reverb Oak Lawn
9301-9333 S Harlem AveOak Lawn, IL 60453
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1 Bedroom Apartments
Forest Park Apartments Bldg 1
303 Des Plaines AveForest Park, IL 60130
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2 to 3 Bedroom Apartments
Whistler's Crossing
13750 S Lowe AveRiverdale, IL 60827
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2 Bedroom Apartments
Village Crossing
14729-14757 Homan AveMidlothian, IL 60445
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2 Bedroom Apartments
4603-4611 Davis Apartments
4603-11 Davis StSkokie, IL 60076
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1 to 2 Bedroom Apartments
Somerset Park I
4127 W 127th StAlsip, IL 60803
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1 Bedroom Apartments
1004 S Des Plaines Ave
1004 S Des Plaines AveForest Park, IL 60130
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1 to 3 Bedroom Apartments
140 S Austin Blvd
140 S Austin BlvdOak Park, IL 60304
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Studio to 3 Bedroom Apartments
6605 North Ave.
6605 North AveOak Park, IL 60302
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1 to 2 Bedroom Apartments
808 Forest Evanston Il 60202
808-816 Forest AveEvanston, IL 60202
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1 Bedroom Apartments
817 Seward St
817 Seward StEvanston, IL 60202
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3 Bedroom Apartments
515 Forest Ave
515 Forest AveOak Park, IL 60302
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1 to 2 Bedroom Apartments
209 S Oak Park Ave
209 S Oak Park AveOak Park, IL 60302
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1 to 2 Bedroom Apartments
Iowa Terrace
545 N Humphrey AveOak Park, IL 60302
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1 to 2 Bedroom Apartments
315 N Maple Ave
315 N Maple AveOak Park, IL 60302
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2 Bedroom Apartments
Brummel 623-631 Evanston
623-631 Brummel StEvanston, IL 60202
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1 to 2 Bedroom Apartments
908-922 Main Street
908-922 Main StEvanston, IL 60202
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1 to 3 Bedroom Apartments
2 S. Greenwood
2 S Greenwood AvePark Ridge, IL 60068
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2 Bedroom Apartments
3859 Howard St
3859 Howard StSkokie, IL 60076
Chicago, IL Local Guide
How much does it cost to rent an apartment in Chicago?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Chicago Studio Apartments | $2,030 | $595 | $9,640 |
| Chicago 1 Bedroom Apartments | $2,473 | $640 | $9,987 |
| Chicago 2 Bedroom Apartments | $3,074 | $762 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,827 | $883 | $10,000+ |
| Chicago 4 Bedroom Apartments | $3,866 | $924 | $10,000+ |
| Chicago 5 Bedroom Apartments | $8,014 | $1,995 | $10,000+ |
| Chicago 6 Bedroom Apartments | $6,516 | $750 | $10,000+ |
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Chicago, IL Area Reviews
Do you know the Chicago area?
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Write a ReviewNicole • 4+ years in Chicago
April 10, 2026Big city challenges with traffic but also provides the amenities of the city you can't find elsewhere
Frequently Asked Questions about Cheap Chicago Apartments
What is a cheap apartment in Chicago?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Chicago is under $724.
What is the price of a cheap apartment in Chicago?
The cheapest apartment in Chicago is West Haven Park II - B which is listed at $660, while the average apartment in Chicago costs $7,306.
What types of apartments are the cheapest in Chicago?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 3,025 regular apartments in Chicago that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Chicago?
Cheap apartments in Chicago have an average cost of $477 which is $6,829 cheaper than the average rent for all rentals in Chicago.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides
A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago
Written by: Nicole Harms
I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.
Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
Written by: Nicole Harms
With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.
Best Neighborhoods to Rent in Near Chicago's Top Employers
Written by: Nicole Harms
Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.
Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Written by: Nicole Harms
From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.
Articles, How-To's, and Tips
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.